2018 Q1 Form 10-Q Financial Statement
#000114420418027160 Filed on May 10, 2018
Income Statement
Concept | 2018 Q1 | 2017 Q1 |
---|---|---|
Revenue | $58.49M | $49.07M |
YoY Change | 19.19% | 41.5% |
Cost Of Revenue | $23.54M | $18.36M |
YoY Change | 28.25% | 25.98% |
Gross Profit | $34.95M | $30.71M |
YoY Change | 13.78% | 52.75% |
Gross Profit Margin | 59.75% | 62.59% |
Selling, General & Admin | $30.99M | $23.97M |
YoY Change | 29.28% | 8.11% |
% of Gross Profit | 88.69% | 78.05% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $484.0K | $476.0K |
YoY Change | 1.68% | |
% of Gross Profit | 1.39% | 1.55% |
Operating Expenses | $11.02M | $27.92M |
YoY Change | -60.52% | 25.9% |
Operating Profit | $23.92M | $2.797M |
YoY Change | 755.31% | -137.57% |
Interest Expense | -$21.30M | $9.936M |
YoY Change | -314.37% | 4609.0% |
% of Operating Profit | -89.04% | 355.24% |
Other Income/Expense, Net | $329.0K | $89.00K |
YoY Change | 269.66% | -220.27% |
Pretax Income | $2.726M | -$14.03M |
YoY Change | -119.42% | 81.55% |
Income Tax | $516.0K | $441.0K |
% Of Pretax Income | 18.93% | |
Net Earnings | $2.210M | -$14.48M |
YoY Change | -115.27% | 81.01% |
Net Earnings / Revenue | 3.78% | -29.5% |
Basic Earnings Per Share | $0.04 | -$0.59 |
Diluted Earnings Per Share | $0.03 | -$0.59 |
COMMON SHARES | ||
Basic Shares Outstanding | 59.39M shares | 24.35M shares |
Diluted Shares Outstanding | 68.15M shares | 24.35M shares |
Balance Sheet
Concept | 2018 Q1 | 2017 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $22.10M | $0.00 |
YoY Change | -100.0% | |
Cash & Equivalents | $54.49M | $33.35M |
Short-Term Investments | ||
Other Short-Term Assets | $40.70M | $300.0K |
YoY Change | 13466.67% | 200.0% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $71.00M | |
Other Receivables | $0.00 | |
Total Short-Term Assets | $133.8M | $300.0K |
YoY Change | 44500.0% | -70.0% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $4.100M | |
YoY Change | ||
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $7.300M | $173.2M |
YoY Change | -95.79% | 0.23% |
Total Long-Term Assets | $11.36M | $173.2M |
YoY Change | -93.44% | 0.23% |
TOTAL ASSETS | ||
Total Short-Term Assets | $133.8M | $300.0K |
Total Long-Term Assets | $11.36M | $173.2M |
Total Assets | $145.2M | $173.5M |
YoY Change | -16.33% | -0.17% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $7.788M | $100.0K |
YoY Change | 7688.0% | -90.91% |
Accrued Expenses | $44.60M | |
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | $36.45M | |
YoY Change | ||
Total Short-Term Liabilities | $251.1M | $133.9K |
YoY Change | 187359.31% | -98.11% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $56.39M | $0.00 |
YoY Change | ||
Other Long-Term Liabilities | $43.50M | $8.700M |
YoY Change | 400.0% | |
Total Long-Term Liabilities | $56.39M | $8.700M |
YoY Change | 548.17% | |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $251.1M | $133.9K |
Total Long-Term Liabilities | $56.39M | $8.700M |
Total Liabilities | $351.0M | $8.900M |
YoY Change | 3843.51% | 25.35% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$300.9M | |
YoY Change | ||
Common Stock | $6.000K | |
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | -$205.8M | $164.6M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $145.2M | $173.5M |
YoY Change | -16.33% | -0.17% |
Cashflow Statement
Concept | 2018 Q1 | 2017 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $2.210M | -$14.48M |
YoY Change | -115.27% | 81.01% |
Depreciation, Depletion And Amortization | $484.0K | $476.0K |
YoY Change | 1.68% | |
Cash From Operating Activities | $18.69M | $6.594M |
YoY Change | 183.36% | -6694.0% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$320.0K | -$100.0K |
YoY Change | 220.0% | |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | ||
YoY Change | ||
Cash From Investing Activities | -$320.0K | -$100.0K |
YoY Change | 220.0% | |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -$3.935M | -$1.650M |
YoY Change | 138.48% | |
NET CHANGE | ||
Cash From Operating Activities | $18.69M | $6.594M |
Cash From Investing Activities | -320.0K | -100.0K |
Cash From Financing Activities | -$3.935M | -$1.650M |
Net Change In Cash | $14.46M | $4.944M |
YoY Change | 192.54% | -5044.0% |
FREE CASH FLOW | ||
Cash From Operating Activities | $18.69M | $6.594M |
Capital Expenditures | -$320.0K | -$100.0K |
Free Cash Flow | $19.01M | $6.694M |
YoY Change | 183.91% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2018Q1 | us-gaap |
Deferred Tax Assets Liabilities Net Noncurrent
DeferredTaxAssetsLiabilitiesNetNoncurrent
|
729000 | USD |
CY2018Q1 | us-gaap |
Long Term Debt Current
LongTermDebtCurrent
|
36448000 | USD |
CY2018Q1 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
7788000 | USD |
CY2018Q1 | us-gaap |
Deferred Revenue Current
DeferredRevenueCurrent
|
160028000 | USD |
CY2018Q1 | us-gaap |
Derivative Liabilities Current
DerivativeLiabilitiesCurrent
|
1100000 | USD |
CY2018Q1 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
56391000 | USD |
CY2018Q1 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
35582000 | USD |
CY2018Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
6000 | USD |
CY2018Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
95987000 | USD |
CY2018Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-904000 | USD |
CY2018Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-300900000 | USD |
CY2018Q1 | us-gaap |
Deposits Assets Noncurrent
DepositsAssetsNoncurrent
|
3347000 | USD |
CY2018Q1 | us-gaap |
Accrued Employee Benefits Current
AccruedEmployeeBenefitsCurrent
|
17462000 | USD |
CY2018Q1 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
28242000 | USD |
CY2018Q1 | rmni |
Deferred Insurance Settlement Liabilitycurrent
DeferredInsuranceSettlementLiabilitycurrent
|
0 | USD |
CY2018Q1 | us-gaap |
Other Long Term Debt Noncurrent
OtherLongTermDebtNoncurrent
|
7931000 | USD |
CY2018Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2018Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2018Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2018-03-31 | |
CY2018Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2018 | |
CY2018Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2018Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
Rimini Street, Inc. | |
CY2018Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001635282 | |
CY2018Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2018Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Accelerated Filer | |
CY2018Q1 | dei |
Trading Symbol
TradingSymbol
|
RMNI | |
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Entity Common Stock Shares Outstanding
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|
59494942 | shares |
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Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
21950000 | USD |
CY2017Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
18077000 | USD |
CY2017Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
63525000 | USD |
CY2017Q4 | us-gaap |
Prepaid Expense Current
PrepaidExpenseCurrent
|
8560000 | USD |
CY2017Q4 | us-gaap |
Assets Current
AssetsCurrent
|
112112000 | USD |
CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
4255000 | USD |
CY2017Q4 | us-gaap |
Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
|
3520000 | USD |
CY2017Q4 | us-gaap |
Deposits Assets Noncurrent
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|
1565000 | USD |
CY2017Q4 | us-gaap |
Deferred Tax Assets Liabilities Net Noncurrent
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|
719000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt Current
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15500000 | USD |
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Accounts Payable Current
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Deferred Revenue Current
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152390000 | USD |
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Derivative Liabilities Current
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|
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Long Term Debt Noncurrent
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Deferred Revenue Noncurrent
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Accumulated Other Comprehensive Income Loss Net Of Tax
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Retained Earnings Accumulated Deficit
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|
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CY2017Q4 | us-gaap |
Accrued Employee Benefits Current
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|
18154000 | USD |
CY2017Q4 | us-gaap |
Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
|
22920000 | USD |
CY2017Q4 | rmni |
Deferred Insurance Settlement Liabilitycurrent
DeferredInsuranceSettlementLiabilitycurrent
|
8033000 | USD |
CY2017Q4 | us-gaap |
Preferred Stock Value
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|
0 | USD |
CY2017Q4 | us-gaap |
Other Long Term Debt Noncurrent
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Sales Revenue Net
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Sales Revenue Net
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Cost Of Goods And Services Sold
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Cost Of Goods And Services Sold
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|
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Gross Profit
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|
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Gross Profit
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Selling And Marketing Expense
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Selling And Marketing Expense
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General And Administrative Expense
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General And Administrative Expense
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CY2017Q1 | rmni |
Legal Costs
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|
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CY2018Q1 | rmni |
Legal Costs
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|
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CY2017Q1 | us-gaap |
Operating Expenses
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|
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Operating Expenses
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|
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Operating Income Loss
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|
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Operating Income Loss
OperatingIncomeLoss
|
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Interest Expense Debt
InterestExpenseDebt
|
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CY2018Q1 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
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Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
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CY2018Q1 | us-gaap |
Amortization Of Financing Costs
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|
8617000 | USD |
CY2017Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
441000 | USD |
CY2018Q1 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
516000 | USD |
CY2018Q1 | us-gaap |
Embedded Derivative Gain Loss On Embedded Derivative Net
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|
500000 | USD |
CY2017Q1 | us-gaap |
Embedded Derivative Gain Loss On Embedded Derivative Net
EmbeddedDerivativeGainLossOnEmbeddedDerivativeNet
|
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CY2017Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
476000 | USD |
CY2018Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
484000 | USD |
CY2017Q1 | us-gaap |
Accretion Expense
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|
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Accretion Expense
AccretionExpense
|
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CY2017Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
361000 | USD |
CY2018Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
867000 | USD |
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Paid In Kind Interest
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|
808000 | USD |
CY2018Q1 | us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
931000 | USD |
CY2017Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
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CY2018Q1 | us-gaap |
Other Noncash Income Expense
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|
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Increase Decrease In Accounts Receivable
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|
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Increase Decrease In Accounts Receivable
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Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
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CY2018Q1 | us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
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|
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Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
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Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
|
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Increase Decrease In Accrued Liabilities
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Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
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Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
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CY2018Q1 | us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
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Payments To Acquire Productive Assets
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|
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Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
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Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
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Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
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CY2017Q1 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
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CY2018Q1 | us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
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CY2017Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
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CY2018Q1 | us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
153000 | USD |
CY2017Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
269000 | USD |
CY2018Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
34000 | USD |
CY2017Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | USD |
CY2017Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
0 | USD |
CY2018Q1 | us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
7169000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1650000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-3935000 | USD |
CY2018Q1 | rmni |
Make Whole Applicable Premium Included In Interest Expense
MakeWholeApplicablePremiumIncludedInInterestExpense
|
3103000 | USD |
CY2017Q1 | rmni |
Make Whole Applicable Premium Included In Interest Expense
MakeWholeApplicablePremiumIncludedInInterestExpense
|
0 | USD |
CY2018Q1 | rmni |
Increasedecreasein Deferred Insurance Settlement Liabilitycurrent
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|
-8033000 | USD |
CY2017Q1 | rmni |
Increasedecreasein Deferred Insurance Settlement Liabilitycurrent
IncreasedecreaseinDeferredInsuranceSettlementLiabilitycurrent
|
19317000 | USD |
CY2018Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
951000 | USD |
CY2018Q1 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-6000 | USD |
CY2017Q1 | us-gaap |
Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
|
-20000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
18685000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
6594000 | USD |
CY2017Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
40027000 | USD |
CY2016Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
28237000 | USD |
CY2018Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
54490000 | USD |
CY2017Q1 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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|
33349000 | USD |
CY2018Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2017Q1 | us-gaap |
Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
|
219000 | USD |
CY2018Q1 | rmni |
Amortization Of Prepaid Agent Fee And Other
AmortizationOfPrepaidAgentFeeAndOther
|
113000 | USD |
CY2017Q1 | us-gaap |
Fair Value Assumptions Risk Free Interest Rate
FairValueAssumptionsRiskFreeInterestRate
|
0.019 | pure |
CY2017Q1 | us-gaap |
Fair Value Inputs Counterparty Credit Risk
FairValueInputsCounterpartyCreditRisk
|
0.190 | pure |
CY2017Q1 | rmni |
Amortization Of Prepaid Agent Fee And Other
AmortizationOfPrepaidAgentFeeAndOther
|
114000 | USD |
CY2017Q4 | rmni |
Shareholder Ownership Percentage
ShareholderOwnershipPercentage
|
0.83 | pure |
CY2018Q1 | rmni |
Percentage Of Professional Fees Hold Back
PercentageOfProfessionalFeesHoldBack
|
0.15 | pure |
CY2018Q1 | us-gaap |
Embedded Derivative Fair Value Of Embedded Derivative Liability
EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
|
1100000 | USD |
CY2017Q4 | us-gaap |
Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
|
2700000 | USD |
CY2017Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
82113000 | USD |
CY2018Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
92839000 | USD |
CY2018Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
31900000 | USD |
CY2017Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
17600000 | USD |
CY2018Q1 | us-gaap |
Line Of Credit Facility Collateral Fees Amount
LineOfCreditFacilityCollateralFeesAmount
|
776000 | USD |
CY2017Q1 | us-gaap |
Line Of Credit Facility Collateral Fees Amount
LineOfCreditFacilityCollateralFeesAmount
|
674000 | USD |
CY2018Q1 | rmni |
Amortization Of Debt Issuance Costs Related To Unfunded Debt
AmortizationOfDebtIssuanceCostsRelatedToUnfundedDebt
|
343000 | USD |
CY2017Q1 | rmni |
Amortization Of Debt Issuance Costs Related To Unfunded Debt
AmortizationOfDebtIssuanceCostsRelatedToUnfundedDebt
|
275000 | USD |
CY2018Q1 | us-gaap |
Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
|
216000 | USD |
CY2017Q4 | us-gaap |
Embedded Derivative Fair Value Of Embedded Derivative Liability
EmbeddedDerivativeFairValueOfEmbeddedDerivativeLiability
|
1600000 | USD |
CY2018Q1 | us-gaap |
Fair Value Assumptions Expected Term
FairValueAssumptionsExpectedTerm
|
P2Y2M12D | |
CY2018Q1 | us-gaap |
Fair Value Inputs Probability Of Default
FairValueInputsProbabilityOfDefault
|
0.3 | pure |
CY2018Q1 | us-gaap |
Fair Value Inputs Discount Rate
FairValueInputsDiscountRate
|
0.153 | pure |
CY2018Q1 | us-gaap |
Fair Value Assumptions Risk Free Interest Rate
FairValueAssumptionsRiskFreeInterestRate
|
0.023 | pure |
CY2018Q1 | us-gaap |
Fair Value Inputs Counterparty Credit Risk
FairValueInputsCounterpartyCreditRisk
|
0.130 | pure |
CY2017Q1 | us-gaap |
Fair Value Assumptions Expected Term
FairValueAssumptionsExpectedTerm
|
P2Y6M | |
CY2017Q1 | us-gaap |
Fair Value Inputs Probability Of Default
FairValueInputsProbabilityOfDefault
|
0.35 | pure |
CY2017Q1 | us-gaap |
Fair Value Inputs Discount Rate
FairValueInputsDiscountRate
|
0.209 | pure |
CY2017Q4 | rmni |
Shares Issued To Gpia
SharesIssuedToGpia
|
9300000 | shares |
CY2018Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
1400000 | USD |
CY2017Q1 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
1200000 | USD |
CY2018Q1 | us-gaap |
Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
|
20300000 | USD |
CY2017Q4 | us-gaap |
Guarantee Obligations Current Carrying Value
GuaranteeObligationsCurrentCarryingValue
|
19600000 | USD |
CY2018Q1 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
40187000 | shares |
CY2018Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
867000 | USD |
CY2017Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
361000 | USD |
CY2018Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.31 | pure |
CY2018Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure |
CY2018Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.026 | pure |
CY2018Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Additional Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfAdditionalSharesAuthorized
|
2300000 | shares |
CY2018Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
3546000 | shares |
CY2018Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
|
1000 | shares |
CY2018Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
22000 | shares |
CY2018Q1 | us-gaap |
Assets
Assets
|
145161000 | USD |
CY2017Q4 | us-gaap |
Assets
Assets
|
122171000 | USD |
CY2018Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2017Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2018Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-205811000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
-210301000 | USD |
CY2018Q1 | us-gaap |
Liabilities
Liabilities
|
350972000 | USD |
CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
332472000 | USD |
CY2018Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
145161000 | USD |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
122171000 | USD |
CY2017Q4 | us-gaap |
Convertible Preferred Stock Shares Issued Upon Conversion
ConvertiblePreferredStockSharesIssuedUponConversion
|
24100000 | shares |
CY2018Q1 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
251068000 | USD |
CY2017Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
228734000 | USD |
CY2018Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> <b>Use of Estimates</b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> The preparation of financial statements and related disclosures in conformity with U.S. GAAP requires the Company to make judgments, assumptions, and estimates that affect the amounts reported in its consolidated financial statements and accompanying notes. The Company bases its estimates and assumptions on current facts, historical experience, and various other factors that it believes are reasonable under the circumstances, to determine the carrying values of assets and liabilities that are not readily apparent from other sources. The Company’s significant accounting estimates include, but are not necessarily limited to, accounts receivable, valuation assumptions for stock options, embedded derivatives and warrants, deferred income taxes and the related valuation allowances, and the evaluation and measurement of contingencies. To the extent there are material differences between the Company’s estimates and the actual results, the Company’s future consolidated results of operation may be affected.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | |
CY2018Q1 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
81000 | USD |
CY2017Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
|
51000 | USD |
CY2018Q1 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
7426000 | USD |
CY2017Q4 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
6947000 | USD |
CY2017Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.0001 | |
CY2018Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
100000000 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
100000000 | shares |
CY2018Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2018Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2017Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2017Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.0001 | |
CY2018Q1 | us-gaap |
Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
|
5600000 | USD |
CY2018Q1 | us-gaap |
Line Of Credit Facility Capacity Available For Specific Purpose Other Than For Trade Purchases
LineOfCreditFacilityCapacityAvailableForSpecificPurposeOtherThanForTradePurchases
|
17500000 | USD |
CY2018Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
1000000000 | shares |
CY2017Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
1000000000 | shares |
CY2018Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
59440000 | shares |
CY2017Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
59314000 | shares |
CY2018Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
59440000 | shares |
CY2017Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
59314000 | shares |
CY2018Q1 | us-gaap |
Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
|
21285000 | USD |
CY2017Q1 | us-gaap |
Gain Loss Related To Litigation Settlement
GainLossRelatedToLitigationSettlement
|
0 | USD |
CY2018Q1 | us-gaap |
Insurance Recoveries
InsuranceRecoveries
|
7583000 | USD |
CY2017Q1 | us-gaap |
Insurance Recoveries
InsuranceRecoveries
|
1026000 | USD |
CY2018Q1 | us-gaap |
Loss Contingency Damages Paid Value
LossContingencyDamagesPaidValue
|
124400000 | USD |
CY2018Q1 | us-gaap |
Interest And Debt Expense
InterestAndDebtExpense
|
3100000 | USD |
CY2017Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
89000 | USD |
CY2018Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
4023000 | USD |
CY2017Q1 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
|
-14034000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
3507000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-14475000 | USD |
CY2018Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
328000 | USD |
CY2018Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.06 | |
CY2017Q4 | rmni |
Percentage Of Professional Fees Hold Back
PercentageOfProfessionalFeesHoldBack
|
0.15 | pure |
CY2017Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.59 | |
CY2018Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.05 | |
CY2017Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.59 | |
CY2018Q1 | us-gaap |
Accrued Professional Fees Current And Noncurrent
AccruedProfessionalFeesCurrentAndNoncurrent
|
2700000 | USD |
CY2018Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
59393000 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
24353000 | shares |
CY2018Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
68154000 | shares |
CY2017Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
24353000 | shares |
CY2018Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-37000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
111000 | USD |
CY2018Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
3470000 | USD |
CY2017Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-14364000 | USD |
CY2017Q1 | us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
0 | USD |
CY2018Q1 | us-gaap |
Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
|
0 | USD |
CY2017Q1 | us-gaap |
Gain Loss On Sale Of Securities Net
GainLossOnSaleOfSecuritiesNet
|
-602000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Prepaid Insurance
IncreaseDecreaseInPrepaidInsurance
|
0 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Prepaid Insurance
IncreaseDecreaseInPrepaidInsurance
|
19317000 | USD |
CY2018Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
14463000 | USD |
CY2017Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
5112000 | USD |
CY2018Q1 | us-gaap |
Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
|
7200000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
3507000 | USD |
CY2017Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
513000 | USD |
CY2018Q1 | rmni |
Adjustment For Updated Calculation Of Mandatory Trigger Event Exit Fees
AdjustmentForUpdatedCalculationOfMandatoryTriggerEventExitFees
|
1480000 | USD |
CY2017Q1 | rmni |
Adjustment For Updated Calculation Of Mandatory Trigger Event Exit Fees
AdjustmentForUpdatedCalculationOfMandatoryTriggerEventExitFees
|
1961000 | USD |
CY2018Q1 | us-gaap |
Capital Lease Obligations Incurred
CapitalLeaseObligationsIncurred
|
126000 | USD |
CY2018Q1 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
441000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
3507000 | USD |
CY2018Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
0 | USD |
CY2017Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
59000 | USD |
CY2018Q1 | us-gaap |
Loss Contingency Loss In Period
LossContingencyLossInPeriod
|
12800000 | USD |
CY2018Q1 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.21 | pure |
CY2017Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
2413000 | shares |
CY2018Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
1034000 | shares |
CY2018Q1 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
5003000 | USD |
CY2018Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
3755000 | USD |
CY2018Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
3657000 | USD |
CY2018Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
3422000 | USD |
CY2018Q1 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
1896000 | USD |
CY2018Q1 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
17733000 | USD |
CY2018Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
|
156000 | shares |
CY2018Q1 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P5Y10M24D | |
CY2017Q2 | us-gaap |
Proceeds From Insurance Settlement Operating Activities
ProceedsFromInsuranceSettlementOperatingActivities
|
24000000 | USD |
CY2017Q2 | us-gaap |
Deferred Long Term Liability Charges
DeferredLongTermLiabilityCharges
|
19300000 | USD |
CY2018Q1 | rmni |
Debt Financing Fees
DebtFinancingFees
|
8617000 | USD |
CY2017Q1 | rmni |
Debt Financing Fees
DebtFinancingFees
|
1282000 | USD |
CY2018Q1 | us-gaap |
Loss Contingency Receivable
LossContingencyReceivable
|
50300000 | USD |
CY2018Q1 | us-gaap |
Litigation Settlement Amount Awarded From Other Party
LitigationSettlementAmountAwardedFromOtherParty
|
21500000 | USD |
CY2018Q1 | us-gaap |
Accrued Insurance Current And Noncurrent
AccruedInsuranceCurrentAndNoncurrent
|
500000 | USD |
CY2018Q1 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
0 | USD |
CY2017Q1 | us-gaap |
Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
|
602000 | USD |
CY2018Q2 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
17900000 | USD |
CY2018Q1 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
|
8.60 | |
CY2018Q1 | us-gaap |
Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
|
18100000 | shares |
CY2018Q1 | us-gaap |
Warrants Not Settleable In Cash Fair Value Disclosure
WarrantsNotSettleableInCashFairValueDisclosure
|
7900000 | USD |
CY2018Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
3770000 | USD |
CY2017Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
3262000 | USD |
CY2018Q1 | us-gaap |
Loss Contingency Damages Paid Value
LossContingencyDamagesPaidValue
|
21500000 | USD |
CY2018Q2 | us-gaap |
Deposit Assets
DepositAssets
|
28500000 | USD |
CY2018Q1 | us-gaap |
Line Of Credit Facility Fair Value Of Amount Outstanding
LineOfCreditFacilityFairValueOfAmountOutstanding
|
3000000 | USD |
CY2018Q1 | us-gaap |
Line Of Credit Facility Maximum Amount Outstanding During Period
LineOfCreditFacilityMaximumAmountOutstandingDuringPeriod
|
95000000 | USD |
CY2018Q2 | rmni |
Prepayment Of Principal
PrepaymentOfPrincipal
|
17900000 | USD |
CY2018Q1 | rmni |
Line Of Credit Facility Impute Interest Rtate
LineOfCreditFacilityImputeInterestRtate
|
0.150 | pure |
CY2017Q4 | rmni |
Line Of Credit Facility Discount From Payment
LineOfCreditFacilityDiscountFromPayment
|
1000000 | USD |
CY2018Q2 | rmni |
Unfunded Debt Issuance Cost Amortization Transferred
UnfundedDebtIssuanceCostAmortizationTransferred
|
14300000 | USD |
CY2017Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
139544000 | USD |
CY2018Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
138955000 | USD |
CY2017Q1 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
3400000 | shares |